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To promote the adoption of more sustainable cattle production systems in Colombia (mainly silvopastoral systems with improved forages), some sector stakeholders have proposed the development of differentiated, higher value beef products. However, there have been no rigorous estimations of local...
Persistent link: https://www.econbiz.de/10012149146
It is usual to estimate willingness-to-pay in discrete choice models through Logit models –or their expanded versions-. Nevertheless, these models have very restrictive distributional assumptions. This paper is intended to examine the above- mentioned issue and to propose an alternative...
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Chapter 1. Introduction -- Chapter 2. Steps of a Discrete Choice Experiment -- Chapter 3. Random utility models: Theoretical background -- Chapter 4. Case study -- Chapter 5. Experimental design -- Chapter 6. Data collection in Shiny -- Chapter 7. From Raw Data to Insights -- Chapter 8. Maximum...
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This paper develops a generalized hedonic model in which an exogenous shock to a single product attribute can affect other attributes, the markets for the product's complements and substitutes, and aggregate quantity produced. These factors are shown to be empirically relevant and to cause bias...
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This paper examines how a respondent's socioeconomic characteristics influence her willingness to support tax increases for spending on highway transportation infrastructure and four modes of public transportation (i.e., bus, light rail, commuter rail, and streetcar) in a fast growing urban area...
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